Capacity-building Alliance of Sustainable Investment (CASI)’s Post

A Chinese delegation headed by Dr. Ma Jun Jun, Honorary Chairman of the Beijing Green Finance Association and Chairman of Capacity-building Alliance of Sustainable Investment (CASI) attended the China-US Track II Dialogue on Climate Finance and Trade held in New York City on September 4-5. This event was co-organized by the National Committee on US-China Relations, the Center on Global Energy Policy at Columbia University, the Institute for Energy, Environment, and Economy at Tsinghua University, and the Beijing Green Finance Association. It is the fourth annual dialogue hosted by these organizers on the same subject since 2020. This dialogue brought together over 30 participants, including former senior officials, policy advisors, academics, entrepreneurs, and investors from China and the US. The discussions focused on topics such as the role of China-US collaboration in advancing the global climate finance agenda, options to improve China-US bilateral cooperation in specific areas of climate investment and technologies, and joint efforts between China and the US to assist third countries in the Global South in improving their access to green finance and technologies. Following the New York dialogue, the Chinese delegation also visited several US think tanks, including the Asia Society and CSIS in Washington, DC. #ClimateFinance #GreenFinance #SustainableInvestment

Join this session ongoing right now; or replay it later! How to get investment into the green transition? What policy approaches are needed? Speakers are excellent! Rupert Schlegelmilch | Amélie de Montchalin (Bommier) | Lisa Sachs | Jimena Chinchilla | Andrea Webster | Jeroen Huisman Selected key takeaways so far: > We need to work on increasing access to low-cost finance in EMDEs > Sovereign risk ratings of EMDEs are the key bottleneck and add to high cost of capital; reforms of these ratings are urgently needed > More transparency on the real investment conditions on the ground are key > But also continued whole-of-government reforms to improve enabling conditions for investment are needed and require a national roadmap/strategy! Stay tuned to continue this important discussion at 2024 Sustainable Investment Days on 5-6 Nov: https://lnkd.in/ghFPvcH9 OECD International Investment Policy | Ana Novik | Iris Mantovani

Key takeaways on inclusive and sustainable globalization from our Antonio Ortiz-Mena, PhD’s roundtable discussion at the LAPEG 2024 Conference hosted by CAROLA at Georgetown Law and Latin American Political Economy and Globalization Program (LAPEG).

𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐀𝐫𝐭𝐢𝐜𝐥𝐞: "𝐆𝐫𝐞𝐞𝐧 𝐁𝐨𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭𝐬: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐧𝐭𝐞𝐱𝐭 𝐚𝐧𝐝 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬" 𝐛𝐲 𝐌𝐮𝐡𝐚𝐦𝐞𝐝 𝐈𝐛𝐫𝐢𝐜, 𝐄𝐦𝐢𝐫𝐚 𝐊𝐨𝐳𝐚𝐫𝐞𝐯𝐢𝐜, & 𝐀𝐝𝐦𝐢𝐫 𝐌𝐞𝐬𝐤𝐨𝐯𝐢𝐜 In our inaugural issue, Muhamed Ibrić, Emira Kozarević, and Admir Meskovic provide a comprehensive analysis of the global and European green bond markets from 2013 to 2023. The study reveals a significant increase in green bond issuances in recent years, with Europe leading the way, accounting for over half of the global issuance. Despite a challenging period, Europe's green bond market rebounded in 2023, growing by 11% to USD 341 billion, slightly outperforming the global market's 10% growth. The corporate sector, particularly the energy, utilities, automotive, transport, and building sectors, remains the primary driver of green bond issuance. The paper also highlights the emerging green bond market in Bosnia and Herzegovina, noting key barriers such as institutional challenges, minimum size requirements, and high transaction costs. Discover this in-depth analysis and other articles in the first issue of the Journal of Economics, Law & Society (JELS) on our website. Read the full article: https://lnkd.in/dAN-ZX6n #JELS #AcademicJournal #Economics #Law #Society #Research #InauguralIssue #GreenBonds #Sustainability #GlobalMarkets #EuropeanMarkets #CorporateSector #BosniaAndHerzegovina #CapitalMarkets

The #UfM and UN Trade and Development (UNCTAD) have joined forces for the 1st time to enhance sustainable international investment policymaking in the Mediterranean region On November 20, UfM Member States convened for an Investment Policy Dialogue. Discussions focused on best practices, challenges, and opportunities for promoting foreign direct investment that aligns with the region's sustainability goals and the priorities of the 2030 Agenda for Sustainable Development. This initiative underscores the shared commitment to fostering an investment-friendly climate, generating quality jobs, and empowering Mediterranean economies. 🔗 https://lnkd.in/dFJbaGmK

Egypt is on the right way to development and reconstruction

Our latest report examines the new provisions appearing in International Investment Agreements (IIAs) to harness sustainable investment.   Going beyond traditional #investment facilitation measures, these new provisions address a wide range of issues, including the assessment of the impacts of policies and investment on sustainable development objectives, the policy role of incentives regimes, and the role of broader societal actors, such as consumers and financial investors, in supporting sustainable development. Funded with the support of the European Commission, the report looks at: 📌 The rationale for including sustainable investment provisions in investment treaties 📌 Their alignment with international instruments such as the OECD FDI Qualities Recommendation 📌 How such provisions can be effectively implemented at the domestic level 📌 Examples of domestic practices conducive to effective implementation Find out more: https://lnkd.in/eR9jGTd9 Alessandra Mistura | Ana Novik | Martin Wermelinger | Rania Ampntel Chafiz | Maria Camila Muñoz Clavijo | Alexandre de Crombrugghe | Fernando Mistura | Fares Al-Hussami | Iris Mantovani | Yasmina Najem | Rima Bugaighis | Faraz Moosa

Interesting discussion on Commission work programme and priorities for 2024, with Maroš Šefčovič, European Commission Executive Vice-President for European #GreenDeal, Interinstitutional Relations and Foresight at #EESCplenary   Find key messages from our members below:   Stefano Mallia: #ClimateChange is here. We fully support the #GreenDeal. However, businesses are struggling because we are not able to undertake the green transition in a convincing manner. ▶️We should assess where we are in terms of achieving the targets   Alena MASTANTUONO: ▶️It's time for an administrative detox. As we delve into the EC program for 2024, let's consider the broader context. New initiatives must align with negotiated proposals and address the burdensome administrative load on entrepreneurs.   Andreas Pangl: The #SingleMarket is 🔑key to a successful European Economy, but it needs to be adapted to new developments and demands. In this process, priority should be given to policies that foster innovation. Absolutely to avoid is gold-plating.   Jana Hartman Radová: ↔️We are at crossroads. The European way is being questioned and the European economy, which is the prerequisite for our success on all fronts, is falling behind. This is exactly the time when we need to put #COMPETITIVENESS at the forefront   DIMITRIS DIMITRIADIS: You mentioned that the EU is the biggest provider of climate finance. But do we use the #climate diplomacy hand in hand with climate finance?   Pietro Francesco De Lotto: 🌊In the last months, European Economic and Social Committee has invested a lot of resources to shift the focus towards #water challenges: ▶️Europe needs a #BlueDeal.

At the #Egypt 🇪🇬 - #EU 🇪🇺 Investment Conference in the presence of H.E. President Abdel-Fattah ElSisi & European Commission President Ursula Von Der Leyen, with the EU Executive Vice President Valdis Dombrovskis, I signed an MoU for the 1st tranche of the Macro-Financial Assistance (MFA). This signing is part of the total MFA that increases fiscal space and supports country-led structural reforms designed to drive economic competitiveness & foreign investment through three key pillars: 1️⃣ Building Macroeconomic Stability 2️⃣ Enhancing Economic Competitiveness & Improving the Business Environment 3️⃣ Supporting the Green Transition

𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐀𝐫𝐭𝐢𝐜𝐥𝐞: "𝐆𝐫𝐞𝐞𝐧 𝐁𝐨𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭𝐬: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐨𝐧𝐭𝐞𝐱𝐭 𝐚𝐧𝐝 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬" 𝐛𝐲 𝐌𝐮𝐡𝐚𝐦𝐞𝐝 𝐈𝐛𝐫𝐢𝐜, 𝐄𝐦𝐢𝐫𝐚 𝐊𝐨𝐳𝐚𝐫𝐞𝐯𝐢𝐜, & 𝐀𝐝𝐦𝐢𝐫 𝐌𝐞𝐬𝐤𝐨𝐯𝐢𝐜 In our inaugural issue, Muhamed Ibrić, Emira Kozarević, and Admir Meskovic provide a comprehensive analysis of the global and European green bond markets from 2013 to 2023. The study reveals a significant increase in green bond issuances in recent years, with Europe leading the way, accounting for over half of the global issuance. Despite a challenging period, Europe's green bond market rebounded in 2023, growing by 11% to USD 341 billion, slightly outperforming the global market's 10% growth. The corporate sector, particularly the energy, utilities, automotive, transport, and building sectors, remains the primary driver of green bond issuance. The paper also highlights the emerging green bond market in Bosnia and Herzegovina, noting key barriers such as institutional challenges, minimum size requirements, and high transaction costs. Discover this in-depth analysis and other articles in the first issue of the Journal of Economics, Law & Society (JELS) on our website. Read the full article: https://lnkd.in/dhMGjMpb #JELS #AcademicJournal #Economics #Law #Society #Research #InauguralIssue #GreenBonds #Sustainability #GlobalMarkets #EuropeanMarkets #CorporateSector #BosniaAndHerzegovina #CapitalMarkets